Training

Planning and Budgeting I: Budgeting Technology (St.Petersburg)

Target Audience:Managers and company employees engaged in budgeting and subsequent analysis, Specialists who are responsible for implementing the company’s budgeting procedures based on separate division budgets.Duration:2 days, 16 hoursProvider:Venue:St. Petersburg, Malaya Morskaya Street, 23, Ernst&Young conference roomsLanguage:RussianCoach:Irina Nikitina
Irina NikitinaIrina Nikitina

Terms and Conditions

– The deadline for registration & payment is usually 5 days before the starting date of the course;
– Those who do not register and pay by the deadline will not be allowed to participate in the training;
– All payments are to be made by bank transfer;
– Once registration is closed, the fee is non-refundable.

 Training objectives and advantages

  • To familiarize participants with budgeting technology
  • To show how management accounting is linked to budgeting
  • To give practical skills of budgeting for a trade and manufacturing company
  • To examine the budgeting control system
  • To familiarize participants with applied instruments of budget deviation analysis in terms of flexible budgeting.

Training program
Day 1

  • Definition of planning and budgeting. Main functions of budgeting. The place of budgeting in the whole system of planning in a company
  • Phases of budget composition
  • Approaches to budgeting (top to bottom, bottom-up, towards)
  • Information providing of budgeting
  • Methods of budget composition. Composition of a Master budget of a trade company.

Day 2

  • Master budget of a manufacturing company:

Sales budget
Actual and sold production budget
Purchase budget
Balance of production stocks budget
Operational expenses budget

  • Budget control. Budget deviation analysis. Flexible budget techniques.
  • Budgeting program products.

 

  • Training participants are provided with specially designed training materials in Russian.
  • The theory is illustrated by practical examples on personal computers.
  • Training participants are provided with practical examples studied in electronic format that can be used in their practical work.

All participants will receive a certificate of attendance

In case of questions or concerns, please, contact:
Alla Hovhannissyan, AEB North-Western Regional Committee Coordinator: alla.hovhannissyan@aebrus.ru
Tel. +7-911-012-6746